India Digest: Chennai Angels exits Fourth Partner Energy; IPPB may go live in August

India Digest: Chennai Angels exits Fourth Partner Energy; IPPB may go live in August

The Chennai Angels on Sunday said it has exited investment in Fourth Partner Energy (4PEL) on the back of the $70-million investment by The Rise Fund, an impact investment fund managed by TPG Growth, announced last month. Meanwhile, India Post Payments Bank is expected to go live with 650 branches with around 17 crore accounts in August.

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